Spend Matters

MARCH 11, 2025

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. This consolidation aimed to make supply chains more resilient.

Supply Chain Optimization 79

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 79

Spend Matters

MARCH 5, 2024

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors. Our Spring 2024 SolutionMap results are testimony to how vendors are stepping up to the challenges of a volatile business environment.

Procurement 130

Procurement Sourcing Risk management Ethics 130

Jaggaer

FEBRUARY 28, 2025

The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. Demand Management: Work with internal stakeholders to understand their needs and identify opportunities to reduce consumption or find alternative solutions.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Real-time Visibility 52

Spend Matters

DECEMBER 21, 2023

Procurement needs to think AI-first in 2024 and beyond The generative AI wave of 2023 truly brought us into the AI economy, with companies realizing how advances in AI have the potential to transform key processes and workflows that underpin how they operate and generate value.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Spend Matters

JANUARY 17, 2024

From planning a product, design and simulation, to optimizing a specific process across the supply chain, customer expectations for AI integration continue to evolve as new applications for supply chain automation are discovered.

Procurement solutions 103

Procurement solutions Agile and Lean Supply Chain Procurement Supply Chain Optimization 103

Spend Matters

JANUARY 16, 2024

Redefining procurement in 2024: A quest from cost savings to strategic value creation Today, procurement leaders find themselves at a crossroads, torn between the age-old pursuit of cost savings and the imperative to infuse strategic value into their organizations.

Procurement solutions 103

Procurement solutions Procurement Spend management Supply Chain Optimization 103

Spend Matters

JULY 10, 2024

Intake manage and orchestration During the second quarter of 2024, the Spend Matters team gave special attention to ‘ Intake and Orchestration Solutions ‘ The major highlights are described below. In this roundup of Q1, we review the Vendor Analyses and other Insider content that the team produced in the previous quarter.

Procurement 114

Procurement Management Contract Sourcing 114

Spend Matters

JANUARY 8, 2024

In 2024, this will require continued transformation as businesses look to increase resilience, swift value delivery, combatting inflation and sustainable procurement practices. Amid lower growth forecasts and higher interest rates, companies continue to grapple with the challenge of swiftly optimizing working capital.

Procurement solutions 101

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 101

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. You benefit from them because your business receives help for managing peak seasons and overcoming competition for the top e-commerce positions. Source: [link] Well, it faces a few challenges: Management. in CAGR by 2030.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 52

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Spend Matters

OCTOBER 4, 2024

TPRM is a huge opportunity right now, as document-centric approaches die when they reach the scale needed to perform supplier management (i.e., management of risk, compliance, performance, onboarding speed and supplier collaboration that respects/accommodiates supplier requirements) with fine-grained operating models.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

Spend Matters

JANUARY 2, 2024

After the last few tumultuous years, procurement teams are still facing steep challenges in getting ahead of supplier and supply chain risks. Some organizations have opted to invest in new, more robust supplier and third-party risk management (TPRM) systems, while others are optimizing their existing systems.

Risk 109

Risk Suppliers Raw materials Risk management 109

NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

If theres one thing weve learned in 2024, its that effective procurement strategies can make all the difference in a teams success. Whether its about navigating complex supplier relationships, managing costs, or preparing for unpredictable challenges, procurement leaders have shown that adaptability and innovation are key.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 52

Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 52

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Jaggaer

OCTOBER 3, 2024

However, it’s fair to say that procurement is really in the pressure cooker right now, with all kinds of new and conflicting demands such as ESG, diversity, compliance and risk management. Cash flow is a further driver of cost, so it is worth analyzing contracts to achieve payment term optimization.

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Contract 52

Let's Talk Supply Chain

NOVEMBER 1, 2023

So, today in episode three, we are continuing that exploration by asking a big question: How should we approach and manage these risks, not just within the compliance landscape, but across every stage of the supply chain? Mohan is dedicated to helping clients optimize their business for continuous improvement.

e2e 52

e2e Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Jaggaer

OCTOBER 10, 2024

As Hackett states, procurement wants a “seat at the table” and rightly so, as stakeholders seek procurement’s support on issues such as supply risk management, digital transformation and ESG objectives. Strengthen third-party risk management visibility and capability JAGGAER delivers unique strengths in this area.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 52

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 103

e2e Procurement supply chain software solutions Contract 103

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Here’s why: 1.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

Arkestro

MARCH 27, 2024

But in 2024, the role has never been more important. After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Let's Talk Supply Chain

SEPTEMBER 23, 2024

Jeremy has also led more than 5 different software application mergers from different companies, and developed a product management on-boarding program for all new hires. Matt Montgomery, Senior Director – Product Marketing, FedRamp, Supplier Lifecycle & Third Party Risk Management at SAP.

Data 52

Data Risk Suppliers supply chain software solutions 52

Pipefy

JANUARY 9, 2024

The benefits include cost savings increase, better decision making and risk management. Smart procurement is the use of advanced technology, such as AI, automation , and RPA to optimize procurement processes and relieve professionals from monotonous tasks in order to achieve greater efficiency. What is smart procurement?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Procurement supply chain software solutions 52

IBM Supply Chain Blog

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2024, up from $563.6 to total $678.8 billion in 2023. Zero trust requires a wide range of security capabilities.

Strategy 91

Strategy Real-time Visibility Data Risk 91

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

IBM Supply Chain Blog

APRIL 11, 2024

EU Parliament’s approval of the EU AI Act (March 2024) The EU AI Act aims to harmonize rules on AI systems across 27 member states to protect fundamental rights, democracy, the rule of law and environmental sustainability from high-risk AI, while boosting innovation and establishing Europe as a leader in the field.

Innovation 58

Innovation Cost of ownership Data Risk 58

Una

APRIL 9, 2024

By Mackenzie Oakley | April 9, 2024 Search Search Back in 2020, I refinanced my mortgage. Group purchasing works best when optimizing indirect procurement categories as these are often left unmanaged and not part of a company’s more strategic, direct spend amounts. We can get better savings on our own: In some cases, that may be true!

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

IBM Supply Chain Blog

JUNE 10, 2024

Projections by the US Census Bureau list the 2024 global population at around 8 billion people. By running advanced analyses on such data and then applying a range of different scenarios to that data, risk management systems that CPUs enable can help financial institutions reduce losses. There are approximately 7.8

Data 64

Data Import Management Demand 64

Arkestro

MARCH 8, 2024

These awards recognize outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage. These awards recognize outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage.

Demand 52

Demand Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

IBM Supply Chain Blog

MAY 14, 2024

But do not allow the caution and critical perspective of your inner social change agent to extinguish the optimism of your inner technologist. IBM has also long acknowledged the potential risks of AI adoption, and advocated for strong governance and for AI that is transparent, explainable, robust, fair, and secure.

Supply Chain Efficiency 83

Supply Chain Efficiency Ethics Risk Innovation 83

Pipefy

JULY 29, 2024

Because of its ability to quickly analyze and interpret vast stores of data, AI can be an invaluable tool for automation and process optimization. Better process efficiency and excellence The first stage of optimization is process discovery, and AI can be an effective tool for parsing complex systems.

Data 52

Data Supply Chain Optimization Supply Chain Efficiency Risk 52

Spend Matters

FEBRUARY 12, 2025

Tariffs and Procurement: Build Your Action Plan to Cut Back Risk With Donald Trump winning the election, tariffs have gained renewed attention, and Procurement should prepare itself in the case of these proposals making their way into enacted policy. CLM) IDAS , made by M.

Procurement 73

Procurement Risk management Supply Chain Efficiency Risk 73

Jaggaer

JANUARY 23, 2025

A year ago, we published a checklist naming eight procurement challenges manufacturing companies would face in 2024. Further layoffs in the supply chain are inevitable, not only in Germany but across the continent. Restructuring supply chains in this way adds to complexity. How right that turned out to be!

Export 52

Export Supply Chain Efficiency Raw materials supply chain budgeting 52